Since when has Purvelo Franchising, LLC, an affiliate of 360 Painting, been offering franchises?
360_Painting Franchise · 2025 FDDAnswer from 2025 FDD Document
Although not associated with our parents PSB Group, PSB or AE Capital, another affiliate through common control with our Chief Executive Officer is Purvelo Franchising, LLC ("Purvelo"), which is the franchisor of boutique spin fitness studio businesses that operate under the name "Purvelo". Purvelo's principal place of business at 126 Garrett St., Suite J, Charlottesville, VA 22902. Purvelo has been offering franchises since September 2022 and does not offer franchises in any other line of business or engage in any other line of business, and but it does own or operate 1 company-affiliated operating studio. As of December 31, 2024, there was 1 Purvelo franchisee in the U.S. operating 2 studios along with 1 company-affiliated operating studio.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 8–12)
What This Means (2025 FDD)
According to the 2025 360 Painting Franchise Disclosure Document, Purvelo Franchising, LLC, an affiliate of 360 Painting, has been offering franchises since September 2022. Purvelo franchises boutique spin fitness studio businesses that operate under the name "Purvelo". As of December 31, 2024, there was 1 Purvelo franchisee operating 2 studios, along with 1 company-affiliated operating studio.
It is important to note that Purvelo does not offer franchises in any other line of business and does not engage in any other line of business. However, it does own or operate 1 company-affiliated operating studio. Purvelo's principal place of business is located at 126 Garrett St., Suite J, Charlottesville, VA 22902.
For a prospective 360 Painting franchisee, this information provides insight into the broader business ventures of 360 Painting's parent company and its involvement in the fitness industry through its affiliate, Purvelo. While 360 Painting focuses on painting and wall finishing services, the existence of Purvelo indicates a diversification of business interests within the same corporate structure. This may suggest a level of business acumen and experience that could benefit 360 Painting franchisees.